Pensions questionnaire is a 'delaying tactic'
BARONESS HOLLIS, the pensions minister, admitted last week that plans to finance the Pension Protection Fund through contributions based on the financial strength of individual company schemes would not be introduced until 2011 - five years later than planned. Instead the company schemes will pay a...
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| Published in | Sunday telegraph (London, England) |
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| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
London (UK)
Daily Telegraph
26.09.2004
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| Online Access | Get full text |
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| Summary: | BARONESS HOLLIS, the pensions minister, admitted last week that plans to finance the Pension Protection Fund through contributions based on the financial strength of individual company schemes would not be introduced until 2011 - five years later than planned. Instead the company schemes will pay a flat contribution. The PPF is designed to pay compensation to people who lose pension benefits in schemes that are wound up after April 2005. |
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| ISSN: | 0307-269X |